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Golden Wheat Mills turns to losses in 9M

Golden Wheat Mills turns to losses in 9M
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Golden Wheat Mills
GMC
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Mubasher: Palestine’s Golden Wheat Mills reported on Wednesday a net loss of JOD 416,500 in the first nine months of 2015, versus a profit of JOD 85,822 in the same period of 2014.

The company’s sales fell to less than JOD 3.84 million in the January-September period of 2015, compared to JOD 7.47 million a year earlier.

Golden Wheat earlier posted a net loss of JOD 818,000 in the first half of fiscal year 2015, compared to JOD 173,050 in the same period of 2014.